Esas clarify performance and cost requirements for products with under one year term

The Joint Committee of the European Supervisory Authorities (Esas) has updated its Q&As on the key information document (Kid) required to be issued in connection with packaged retail and insurance-based investment products (Priips) when such products are made available to retail investors in the EU. The regulators clarified that in accordance to the Priips regulation, a Priip manufacturer must publish a Kid on the public section of its website to ensure 'the widespread dissemination and ava